India is rapidly strengthening its position as a global manufacturing hub, with electronics value addition rising from 30% to nearly 70%, and projected to reach 90% by FY27, according to Axis Capital. Mobile phone exports have surged 77 times in a decade, while imports of fully built air conditioners have...
In the dynamic landscape of consumer technology in India, the first half of 2023 has brought about a noteworthy shift. Even though there has been a minor 4% decrease in smartphone sales, their worth has risen by an impressive 12%. This implies that consumers are gravitating towards high-end devices. What’s...
A collaborative study conducted by the India Cellular & Electronics Association (ICEA) and Accenture, titled “Pathways to Circular Economy in Indian Electronics Sector,” has highlighted that there exists a substantial prospect to generate $7 billion in revenue within India’s electronics sector by 2035 through the adoption of circular business models....
In FY 2022-23, India’s production of electronic wearables experienced a remarkable surge in value, reaching Rs 8,000 crore. The industry is optimistic to achieve a two-fold increase in its production to reach Rs 15,000-17,000 crore in the FY 2023-24. Image Credit: Pixabay The global wearable industry is expected to reach...
India wants to leave no stone unturned to share the stage with the top leaders in the global semiconductor industry. However, it currently lacks the kind of critical talent, resources and investments needed to match international benchmarks, while encountering the typical challenges of building an industry from scratch. IBT takes...
India’s smartphone exports grew by over 50% to reach US$ 9.3 billion in April-Feb 2023, as compared to imports of just US$ 1.37 billion during the same period. Indeed, this achievement represents a giant leap over the last five years. However, to achieve the scale and depth of leading smartphone...
Rajat Wahi, Partner, Deloitte India, believes that returns, payments, shipping, etc. are major bottlenecks for e-commerce companies. This is because most policies for payments, returns, etc. of the e-commerce firms have been set up looking at large volume B2B businesses, where there are fewer larger transactions. However, the dynamics are...
Value-based shopping is likely to continue to gain momentum during the festive period. Consumers could indulge in mid to big ticket purchases that they might have postponed due to the pandemic. Sectors like consumer durables, electronics, FMCG, apparel & gems and jewellery, etc. are likely to do well, aided by...
Kapil Malhotra, Senior Vice President – Marketing, with Gujarat Fluorochemicals Ltd, is confident of market revival post-COVID for fluoropolymers across end-use segments including automotive, healthcare, electronics, construction and industrial processing. Moreover, the growing use of fluoropolymers in newer applications such as waterproof clothing, dental ware etc. will only take this...
Dr. DK Srivastava, Chief Policy Advisor, EY India, proposes a three-phase roadmap for the public sector and private sector to strengthen India’s manufacturing prowess in line with evolving technologies and changing global trends. IBT: What are the major factorat make India’s attractiveness as a manufacturing destination most compelling in the...
India Business & Trade is a thought leadership initiative of the Trade Promotion Council of India, a premier trade promotion body recognised by the Department of Commerce, Government of India.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved
